10-Q Filing

METHODE ELECTRONICS INC CIK: 65270 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-22-025916`
Period End Date	20221031
Filing Date	20221201
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	mei-20221029_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 56 Cash Flow Statement 70 Stockholders Equity 41 Comprehensive Income 16

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	37.51M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$172.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$129.60M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	38.28M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.35M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.35M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$312.80M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$273.30M	USD	Point-in-time
Inventories	`InventoryNet`	$172.50M	USD	Point-in-time
Inventories	`InventoryNet`	$158.50M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$8.20M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$8.30M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$35.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$629.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$658.40M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$189.60M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$197.00M	USD	Point-in-time
Goodwill	`Goodwill`	$231.00M	USD	Point-in-time
Goodwill	`Goodwill`	$233.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$196.70M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$207.70M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$24.20M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$20.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$35.40M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$36.80M	USD	Point-in-time
Pre-production costs	`PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned`	$27.20M	USD	Point-in-time
Pre-production costs	`PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned`	$27.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsMiscellaneousNoncurrent`	$38.40M	USD	Point-in-time
Other long-term assets	`OtherAssetsMiscellaneousNoncurrent`	$32.00M	USD	Point-in-time
Total long-term assets	`OtherAssetsNoncurrent`	$735.90M	USD	Point-in-time
Total long-term assets	`OtherAssetsNoncurrent`	$760.10M	USD	Point-in-time
Total assets	`Assets`	$1.39B	USD	Point-in-time
Total assets	`Assets`	$1.39B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$124.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$108.50M	USD	Point-in-time
Accrued employee liabilities	`EmployeeRelatedLiabilitiesCurrent`	$29.90M	USD	Point-in-time
Accrued employee liabilities	`EmployeeRelatedLiabilitiesCurrent`	$30.00M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$31.00M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$24.50M	USD	Point-in-time
Short-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.00M	USD	Point-in-time
Short-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.30M	USD	Point-in-time
Short-term debt	`LongTermDebtCurrent`	$13.00M	USD	Point-in-time
Short-term debt	`LongTermDebtCurrent`	$13.00M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$6.60M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$8.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$188.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$213.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$197.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$191.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$14.80M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$19.00M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$16.70M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$22.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$15.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$40.40M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$38.30M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$286.70M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$282.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$475.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$495.50M	USD	Point-in-time
Common stock, $0.50 par value, 100,000,000 shares authorized, 37,505,633 shares and 38,276,968 shares issued as of October 29, 2022 and April 30, 2022, respectively	`CommonStockValue`	$18.70M	USD	Point-in-time
Common stock, $0.50 par value, 100,000,000 shares authorized, 37,505,633 shares and 38,276,968 shares issued as of October 29, 2022 and April 30, 2022, respectively	`CommonStockValue`	$19.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$169.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$174.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-26.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-54.30M	USD	Point-in-time
Treasury stock, 1,346,624 shares as of October 29, 2022 and April 30, 2022	`TreasuryStockValue`	$11.50M	USD	Point-in-time
Treasury stock, 1,346,624 shares as of October 29, 2022 and April 30, 2022	`TreasuryStockValue`	$11.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$763.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$771.20M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$934.30M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$898.80M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$913.80M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$911.40M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$919.50M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$918.00M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.39B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.39B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$598.30M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$315.90M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$583.30M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$295.50M	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$462.40M	USD	2 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$442.40M	USD	2 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$241.80M	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$226.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$140.90M	USD	2 Qtrs
Gross profit	`GrossProfit`	$69.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$135.90M	USD	2 Qtrs
Gross profit	`GrossProfit`	$74.10M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$31.20M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$64.00M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$36.60M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$71.90M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$4.70M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$9.60M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$4.80M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$9.40M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$67.30M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$54.60M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$32.80M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$33.20M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.10M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-500.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-500.00K	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-2.20M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$900.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$1.10M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$5.20M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$2.70M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$67.80M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.30M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.40M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$5.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.20M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$5.80M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$10.20M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$27.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$27.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.60M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.50	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.35	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.76	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.33	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.48	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.72	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.14	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.28	USD	2 Qtrs
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.14	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.28	USD	2 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$27.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$27.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.60M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.90M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.50M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.60M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.70M	USD	2 Qtrs
Change in cash surrender value of life insurance	`ChangeinCashSurrenderValueofLifeInsurance`	$600.00K	USD	2 Qtrs
Change in cash surrender value of life insurance	`ChangeinCashSurrenderValueofLifeInsurance`	$200.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$300.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$300.00K	USD	2 Qtrs
Loss (gain) on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$400.00K	USD	2 Qtrs
Loss (gain) on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-100.00K	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$400.00K	USD	2 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-1.00M	USD	2 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-100.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-200.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-100.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$50.60M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$900.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$25.80M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$19.50M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.50M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.70M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.30M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$21.50M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-13.40M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$10.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.10M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.70M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.00M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.30M	USD	2 Qtrs
Sale of property, plant and equipment	`ProceedsFromSalesOfAssetsInvestingActivities`	$3.50M	USD	2 Qtrs
Sale of property, plant and equipment	`ProceedsFromSalesOfAssetsInvestingActivities`	$600.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.50M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$500.00K	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$300.00K	USD	2 Qtrs
Repayments of finance leases	`FinanceLeasePrincipalPayments`	$200.00K	USD	2 Qtrs
Repayments of finance leases	`FinanceLeasePrincipalPayments`	$300.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$500.00K	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$42.50M	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$31.60M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$5.10M	USD	1 Quarter
Cash dividends	`PaymentsOfDividendsCommonStock`	$10.30M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$4.90M	USD	1 Quarter
Cash dividends	`PaymentsOfDividendsCommonStock`	$9.90M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfLinesOfCredit`	$16.80M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfLinesOfCredit`	$6.50M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-69.70M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-48.70M	USD	2 Qtrs
Effect of foreign currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-7.30M	USD	2 Qtrs
Effect of foreign currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.30M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-56.00M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-42.40M	USD	2 Qtrs
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.20M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$177.20M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$129.60M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.00M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.20M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$177.20M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$129.60M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.00M	USD	Point-in-time
Interest	`InterestPaidNet`	$1.40M	USD	2 Qtrs
Interest	`InterestPaidNet`	$1.80M	USD	2 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$19.90M	USD	2 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$12.50M	USD	2 Qtrs
Operating lease obligations	`OperatingLeasePayments`	$4.50M	USD	2 Qtrs
Operating lease obligations	`OperatingLeasePayments`	$4.00M	USD	2 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$934.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$898.80M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$913.80M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$911.40M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$919.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$918.00M	USD	Point-in-time
Issuance of restricted stock, net of tax withholding	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-300.00K	USD	2 Qtrs
Issuance of restricted stock, net of tax withholding	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-400.00K	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$500.00K	USD	2 Qtrs
Purchases of common stock	`StockRepurchasedDuringPeriodValue`	$31.60M	USD	2 Qtrs
Purchases of common stock	`StockRepurchasedDuringPeriodValue`	$19.70M	USD	1 Quarter
Purchases of common stock	`StockRepurchasedDuringPeriodValue`	$34.80M	USD	1 Quarter
Purchases of common stock	`StockRepurchasedDuringPeriodValue`	$42.40M	USD	2 Qtrs
Purchases of common stock	`StockRepurchasedDuringPeriodValue`	$102.80M	USD	6 Qtrs
Purchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	825,814.00	shares	2 Qtrs
Purchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	965,029.00	shares	2 Qtrs
Purchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	807,516.00	shares	1 Quarter
Purchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	2.42M	shares	6 Qtrs
Purchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	508,179.00	shares	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.60M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.70M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.70M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.80M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-8.10M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-27.50M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-18.10M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$27.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$27.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.60M	USD	2 Qtrs
Dividends on common stock	`Dividends`	$10.60M	USD	2 Qtrs
Dividends on common stock	`Dividends`	$10.30M	USD	2 Qtrs
Dividends on common stock	`Dividends`	$5.20M	USD	1 Quarter
Dividends on common stock	`Dividends`	$5.10M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$934.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$898.80M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$913.80M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$911.40M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$919.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$918.00M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$27.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$27.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.60M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-19.70M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.60M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-30.60M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.70M	USD	2 Qtrs
Derivative financial instruments	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	$1.60M	USD	1 Quarter
Derivative financial instruments	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	$2.60M	USD	2 Qtrs
Derivative financial instruments	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	$1.70M	USD	1 Quarter
Derivative financial instruments	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	$3.10M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.60M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$48.50M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.50M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$21.60M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.